Specialist adult care company changes hands
Values in Care, which was set up by managing director Geraldine Butler in 2003 to provide specialist medium-to-long term 24-hour supported accommodation to adults with complex and challenging needs, has been sold to Swanton Care and Community for an undisclosed sum.
Swanton provides specialist, high quality care ranging from autism and learning disabilities to mental health and acquired brain injuries through its leading-edge facilities across England. The acquisition of Values in Care will allow Swanton to increase its footprint in Wales.
Garry Cross, CEO of Swanton, said: “Values in Care is a great addition to the Swanton Group as it continues to expand geographically and across service lines. It underpins our ambition to build a leading care group in the UK with linked care pathways to better serve the needs of the people we support and commissioners. Swanton is now supporting c. 430 people across the UK.”
Advice and support were provided by lawyers at Royds Withy King, Corporate Finance specialists at La Salle Corporate, and accountants and business advisers at RSM.
Hazel Phillips, a Partner in the Social Care team at Royds Withy King, said: “It was a pleasure acting for Geraldine Butler and advising her on the sale of the business she founded and clearly cares so passionately for. I know it was important to Geraldine that the transaction was as seamless as possible and that the new owners had a proven track record in this highly specialist area of adult care. It’s clear that Values in Care will be in very safe hands and we wish Geraldine all the very best in her plans for the future”
Matt Dillon, a Partner at La Salle Corporate who led on the deal, said: “I am delighted to have advised Geraldine on the sale to Swanton Care. Geraldine has been an absolute pleasure to work with and she should be immensely proud of the business she has built. Not only from a business side, but the fantastic care she provides to the individuals. I wish her all the best with her future plans which include working as a consultant with Values in Care. Swanton Care were also great to work with and I wish them every success in the future with Values in Care.”
Andrew Gordon, a partner at RSM who provided specialist tax advice on the deal, said: “It’s always gratifying to get a deal over the line – particularly in cases such as this where it’s so important that the business transfers to the right buyer. Swanton has a proven track record in providing specialist care and is well placed to take over the successful business that Geraldine has worked so hard to build.”
Swanton’s values and ethos are very much aligned with those developed by Geraldine at Values in Care over the years and the Swanton team is looking forward to collaborating with the wider team at Values in Care and further expanding its high-quality service provision.
Pictured above Hazel Phillips, partner at Royds Withy King